Apple Jumps: Forecast Nixes Worst Fears of iPhone Delays

Apple's outlook this evening for revenue in the September quarter that may be billions more than Wall Street has been anticipating is causing some to rethink the months of worrying that it faces a substantial delay in producing the next iPhone.

By

Tiernan Ray

Updated Aug. 1, 2017 5:12 p.m. ET

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By

Tiernan Ray

Updated Aug. 1, 2017 5:12 p.m. ET

After months of talk about Apple (AAPL) possibly facing production delays in its next model of the iPhone, delays analysts were still contemplating today, in advance of the company’s fiscal Q3 report, it now turns out those fears may have been overblown.

The actual September-quarter forecast offered by the company this afternoon is already causing some to rethink whether a delay, if any, will be material to Apple.